North Dakota
Mortgage Loan Application
Totals and Details
in 2015

Find mortgage statistics and mortgage data for North Dakota.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of North Dakota.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 31,382
Total Mortgage Loan Application Amount $6,400,134,000
Average Mortgage Loan Application Amount $203,000
Highest Mortgage Loan Application Amount $64,000,000
Average Applicant Income $82,000
Highest Applicant Income $3,800,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in North Dakota, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Download the North Dakota Lender List

Mortgage Loan Application Detail Totals for North Dakota in 2015

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 16,587 $3,806,151,000 $229,000 $64,000,000 $79,000 $3,506,000
Refinancing 12,234 $2,348,828,000 $191,000 $14,250,000 $83,000 $3,800,000
Home Improvement 2,561 $245,155,000 $95,000 $21,500,000 $94,000 $2,086,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 23,730 $4,270,769,000 $179,000 $4,290,000 $95,000 $3,800,000
Not applicable 4,794 $1,655,961,000 $345,000 $64,000,000 $10,000 $2,768,000
Not Provided 1,620 $267,691,000 $165,000 $650,000 $93,000 $1,265,000
American Indian or Alaskan Native 367 $46,043,000 $125,000 $583,000 $90,000 $1,514,000
Hispanic 358 $62,340,000 $174,000 $750,000 $82,000 $528,000
Asian 283 $55,334,000 $195,000 $727,000 $122,000 $840,000
Black or African American 188 $34,506,000 $183,000 $727,000 $78,000 $591,000
Native Hawaiian or Other Pacific Islander 42 $7,490,000 $178,000 $417,000 $72,000 $300,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 22,169 $4,599,497,000 $207,000 $64,000,000 $94,000 $3,800,000
FHA-insured (Federal Housing Administration) 5,252 $958,383,000 $182,000 $1,246,000 $51,000 $541,000
VA-guaranteed (Veterans Administration) 3,118 $720,666,000 $231,000 $689,000 $54,000 $912,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 843 $121,588,000 $144,000 $1,392,000 $48,000 $1,935,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 19,045 $4,050,467,000 $212,000 $64,000,000 $95,000 $3,800,000
Loan Purchased By The Institution 5,173 $1,087,396,000 $210,000 $825,000 $30,000 $2,768,000
Application Denied By Financial Institution 3,332 $526,474,000 $158,000 $10,140,000 $80,000 $1,440,000
Application Withdrawn By Applicant 2,400 $492,523,000 $205,000 $35,025,000 $92,000 $1,560,000
File Closed For Incompleteness 769 $122,977,000 $159,000 $1,004,000 $72,000 $1,200,000
Application Approved But Not Accepted 656 $118,936,000 $181,000 $2,650,000 $102,000 $3,226,000
Preapproval Denied by Financial Institution 6 $1,156,000 $192,000 $315,000 $60,000 $110,000
Preapproval Approved but not Accepted 1 $205,000 $205,000 $205,000 $93,000 $93,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 607 $65,481,000 $107,000 $2,058,000 $72,000 $792,000
Debt-To-Income Ratio 523 $84,355,000 $161,000 $1,200,000 $62,000 $483,000
Collateral 395 $69,188,000 $175,000 $1,889,000 $101,000 $1,200,000
Credit Application Incomplete 226 $42,401,000 $187,000 $1,000,000 $95,000 $662,000
Other 129 $23,919,000 $185,000 $6,000,000 $84,000 $510,000
Unverifiable Information 66 $21,298,000 $322,000 $10,140,000 $104,000 $750,000
Employment History 52 $7,386,000 $142,000 $380,000 $54,000 $158,000
Insufficient Cash (Downpayment, Closing Cost) 37 $14,217,000 $384,000 $6,560,000 $78,000 $273,000
Mortgage Insurance Denied 3 $804,000 $268,000 $375,000 $92,000 $119,000
Download the North Dakota Lender List

Mortgage Loan Application Totals in 2015 by North Dakota Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BISMARCK, ND 6,803 $ 1,474,465,000 $ 216,000 $ 88,000
FARGO, ND-MN 8,264 $ 1,797,812,000 $ 217,000 $ 80,000
GRAND FORKS, ND-MN 2,668 $ 471,864,000 $ 176,000 $ 82,000
Download the North Dakota Lender List

Mortgage Loan Application Totals in 2015 by North Dakota County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 54 $ 8,976,000 $ 166,000 $ 101,000
Barnes 383 $ 113,849,000 $ 297,000 $ 71,000
Benson 51 $ 7,141,000 $ 140,000 $ 65,000
Billings 22 $ 4,105,000 $ 186,000 $ 126,000
Bottineau 173 $ 29,761,000 $ 172,000 $ 112,000
Bowman 92 $ 13,626,000 $ 148,000 $ 72,000
Burke 48 $ 5,743,000 $ 119,000 $ 76,000
Burleigh 5,002 $ 1,116,197,000 $ 223,000 $ 93,000
Cass 8,269 $ 1,798,578,000 $ 217,000 $ 80,000
Cavalier 108 $ 11,736,000 $ 108,000 $ 72,000
Dickey 150 $ 17,869,000 $ 119,000 $ 67,000
Divide 44 $ 7,049,000 $ 160,000 $ 71,000
Dunn 156 $ 34,928,000 $ 223,000 $ 87,000
Eddy 48 $ 4,204,000 $ 87,000 $ 65,000
Emmons 65 $ 9,616,000 $ 147,000 $ 66,000
Foster 78 $ 8,861,000 $ 113,000 $ 72,000
Golden Valley 57 $ 9,634,000 $ 169,000 $ 137,000
Grand Forks 2,672 $ 472,047,000 $ 176,000 $ 82,000
Grant 44 $ 8,218,000 $ 186,000 $ 114,000
Griggs 47 $ 4,522,000 $ 96,000 $ 60,000
Hettinger 83 $ 10,232,000 $ 123,000 $ 55,000
Kidder 84 $ 10,100,000 $ 120,000 $ 70,000
LaMoure 66 $ 7,200,000 $ 109,000 $ 74,000
Logan 24 $ 2,495,000 $ 103,000 $ 120,000
McHenry 146 $ 22,814,000 $ 156,000 $ 63,000
McIntosh 23 $ 2,353,000 $ 102,000 $ 80,000
McKenzie 527 $ 145,088,000 $ 275,000 $ 125,000
McLean 347 $ 55,724,000 $ 160,000 $ 96,000
Mercer 279 $ 47,159,000 $ 169,000 $ 74,000
Morton 1,721 $ 348,455,000 $ 202,000 $ 74,000
Mountrail 226 $ 46,431,000 $ 205,000 $ 110,000
Nelson 47 $ 9,091,000 $ 193,000 $ 137,000
Oliver 76 $ 12,627,000 $ 166,000 $ 80,000
Pembina 152 $ 13,649,000 $ 89,000 $ 55,000
Pierce 82 $ 9,842,000 $ 120,000 $ 62,000
Ramsey 395 $ 55,196,000 $ 139,000 $ 77,000
Ransom 129 $ 15,309,000 $ 118,000 $ 95,000
Renville 84 $ 12,252,000 $ 145,000 $ 91,000
Richland 521 $ 66,050,000 $ 126,000 $ 65,000
Rolette 193 $ 13,202,000 $ 68,000 $ 58,000
Sargent 122 $ 17,985,000 $ 147,000 $ 66,000
Sheridan 15 $ 1,650,000 $ 110,000 $ 77,000
Sioux 20 $ 1,526,000 $ 76,000 $ 75,000
Slope 6 $ 554,000 $ 92,000 $ 106,000
Stark 1,856 $ 449,610,000 $ 242,000 $ 82,000
Steele 48 $ 4,882,000 $ 101,000 $ 66,000
Stutsman 699 $ 124,173,000 $ 177,000 $ 77,000
Towner 37 $ 3,268,000 $ 88,000 $ 92,000
Traill 294 $ 35,683,000 $ 121,000 $ 64,000
Walsh 229 $ 22,168,000 $ 96,000 $ 70,000
Ward 3,021 $ 626,970,000 $ 207,000 $ 69,000
Wells 111 $ 10,781,000 $ 97,000 $ 56,000
Williams 1,685 $ 439,242,000 $ 260,000 $ 98,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in North Dakota.

If you prefer, you can download a copy of the entire list of mortgage lenders in North Dakota and search similar information back through 2003.

Download the North Dakota Lender List